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Why Ripple's XRP Cryptocurrency Jumped 10% Today


Wednesday is turning out to be a pretty great day for cryptocurrencies in general, but few were doing quite as well as Ripple (CRYPTO: XRP), which was up an impressive 10.7% approaching noon today.

Ripple's XRP cryptocurrency was moving higher after the cryptocurrency's developer announced at 2 a.m. EDT today it has just launched a live On-Demand Liquidity (ODL) service to facilitate XRP transfers through the so-called Filipino Remittance Corridor between Japan and the Philippines.  

Image source: Getty Images.

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Source Fool.com

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